1. To complete the request form: 

    A. Carefully read each question and provide accurate answers.

    B. Submit the required documentation to support your answers. 

2. Eligibility will be confirmed and reviewed by the Go Utah Compliance Team.

3. Dependent on eligibility, you will receive a tax credit certificate for qualifying expenditures. The Targeted Business Tax Credit is filed with your Utah State Income Tax. 

4. If the amount of a tax credit exceeds a business entity's tax liability for a taxable year, the business will be issued a payment for the balance that exceeds the tax liability.

 Before filing a Targeted Business Tax Credit request form you will need the following documents:

• Signed company letter detailing the completion of the Community Impact Project the company engaged in, and a request for the refundable tax credit 
• Completed TBTC Capital Investment Summary Template
• Purchase and payment documentation demonstrating completed qualifying capital investments
• Photo evidence of new capital purchases associated to the Community Investment Project
• Completed TBTC New Employee Report Form Template
• DWS 33H Unemployment reports for the term of the contract

Required Documentation

We require purchase documentation for all items being claimed for the capital investments made as part of the CIP. We require both purchase and payment documentation. Please attach all documentation that substantiates the qualifying investments. The compliance team may request additional documentation if the documentation provided is deemed insufficient.

We also require job creation documentation that will be compared to a Baseline Job Count that was performed by our office at the onset of contract negotiation. This will inform us of the number of new jobs created since the company's proposed CIP.